INVEST IN REAL ESTATE NOW - USE YOUR IRA - SELF DIRECTED IRA

By
Real Estate Agent with Keller Williams Greater Cleveland West

 

INVEST IN REAL ESTATE NOW - USE YOUR IRA - SELF DIRECTED IRA

 

When CDs and Money Market accounts are having such a low return.  And, you have seen many good opportunities for investment in real estate, but you don't have free cash to make a purchase.  Think again.  If you have IRAs, you can make investments in real estate now.

 

The investment opportunities available to you can be local or in another city or state. Perhaps, you may want to check out investing in a land bank.  Some opportunities may be a short term, but most are for longer term investment. 

 

These investments are made through self-directed IRAs. But, be aware that the IRS has detailed rules & regulations covering investment in real estate through self directed IRAs. 

 

This is not something you can do on your own.  To please the IRS, you will need a financial advisor, who has the training, credentials, and licensing necessary to handle self directed IRAs.  Your financial advisor will make sure your investments comply with all of the applicable IRS rules & regulations.

 

In addition to a financial advisor, you will also need a Realtor® to assist you in identifying properties you may want to purchase alone, with a few investors, a group of investors or perhaps through a land bank.  And, your  Realtor® needs to work hand-in-hand with your financial advisor.

 

Comments (5)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

GREAT info right now as many need a tax break!     Great post today!

Jan 08, 2013 12:26 AM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Steve & Pat, Great information for those looking to purchase and have the means in their IRA's!

Jan 08, 2013 12:32 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

I have found that an IRA can be a pathway to riches for an investor of any kind. Thanks for sharing

Jan 25, 2013 02:02 AM
Pat & Steve Pribisko
Keller Williams Greater Cleveland West - Westlake, OH

Joan: Thank you for your knd words about my post.

Wanda: Thank you for your positive response to my blog.

Charles: I'm glad that you found the self-directed IRA info helpful.

Feb 10, 2013 05:02 AM
Pat & Steve Pribisko
Keller Williams Greater Cleveland West - Westlake, OH

Pharmk618: Thank you for the positive comment.

Feb 10, 2013 05:03 AM